November 6, 2010 | 1 comment
Rep. Michele Bachmann’s keynote remarks, as prepared for delivery Tuesday evening at The American Spectator’s annual Robert L. Bartley Dinner.
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That means not only making permanent the Bush Tax Cuts in the short term, but taking a cold, hard look at our nation’s onerous and confusing tax system in the long term.
Our fellow Americans expect Congress to create a pro-growth economy. On the business side, we should consider such pro-growth tax policies as cutting the corporate tax rate from 34 percent to single digits, making ours one of the most attractive nations for business in the industrialized world. We should seriously debate zeroing out capital gains taxes, and if China can do it, we certainly can consider zeroing out the death tax.
For the individual taxpayer, all marginal personal income tax rates would be no higher than 20 percent. In fact, given the dire economic times we live in, now is the time for us to have a serious discussion about scrapping the current tax code and putting in place a fairer, flatter tax code that won’t require more than 50 pages, double spaced, with a font size no smaller than 9 point. My guess is that even some of my Democrat colleagues would be able to read that bill.
Over the past few months, we’ve only been able to speak of these goals in the theoretical. They were a wish list. Now, certainty in the marketplace… smaller and limited government… lower and fewer taxes… the freedom to succeed are achievable.
Of course, with this opportunity to lead comes accountability. We’ve seen what happens when those entrusted fail to follow through or ignore the will of the people. President Obama and the Democrats might like to use public anger, or we the people being “hard-wired not to always think clearly” as an excuse for their losses, but really, this election was about their fellow citizens holding them accountable. They failed to understand that their Number One job in Washington was supposed to be creating jobs across the country. And then they pushed policies that ran counter to the principles of a majority of Americans, and made our economic crisis worse.
The American people have given Republicans a second chance and I, for one, will work to ensure we are a Congress that is accountable and defends our nation’s founding principles. We will not compromise on our commitment to fiscal sanity and responsibility and ending this era of big government and runaway spending. We will fight to secure our borders and protect our homeland. We will defend life and individual liberty.
That is the hope and change the American people are calling for in 2010 … a reliance not on Washington, but on our personal and combined strength and wisdom, on our abiding faith in God and our founding principles. This is how we will meet the challenges we face. This is how we as a nation will accomplish great things. And in the end, when we achieve our shared goals, the accomplishments won’t be those of a President or a Congress or any one Senator or Representative. Our successes will be those of a people who stood and affirmed their belief in the ideals and principles of their nation’s founding… that endure today, tomorrow and — through the grace of God and the blessings liberty bestows on us all— for generations yet to come.